A lot of so-called minor damage can sometimes quickly result in a hefty price tag.
Superstorm Sandy's mammoth 500-mile span of sustained winds of at least 40 mph caused a good deal of low-severity direct wind damage—especially to New Jersey and New York, says Karen Clark & Co. (KCC).
There was enough of this type of damage for the firm to estimate insured wind losses due to Sandy could be around $12 billion.
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